Why are insurance premiums on the rise?
Premiums for car, home and home contents insurance have been on the rise — and for many households, they're...
READ MORE’Raising the bar’: Banks vow to be more ethical under new code
Bank chiefs have vowed the industry will be under new obligations to be more ethical and customer-focused, as part of a revamped code of conduct that has been given the green light by the corporate regulator.
The Australian Securities and Investments Commission (ASIC) on Tuesday approved a rewritten code of conduct for banks, which is part of the industry’s attempt to win back customers’ trust after a run of scandals, and fierce political pressure including the royal commission.
Read the full article at the Sydney Morning Herald.
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